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Case 5 . 2 _ question 2 - Summer 1 ps: / / myleoonline . tamuc.edu / d 2 1 / le / 1 5
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Summer I Advanced Auditing ACCTW
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When a dispute arises between an audit client and its auditor regarding the proper accounting treatment for a transaction or other item, the audit client will sometimes retain another accounting firm to issue a report, previously known as a SAS No report, on the proper accounting treatment for the given item see AS of the PCAOB auditing standards and AUC Section of the AICPA
Professional Standards Identify the potential ethical dilemmas that may result from allowing accounting firms to issue such reports to nonaudit clients.
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